Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Expands By 55.2%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,940,000 shares, an increase of 55.2% from the October 31st total of 1,250,000 shares. Based on an average trading volume of 1,720,700 shares, the short-interest ratio is presently 1.1 days.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS traded up $0.11 during mid-day trading on Friday, reaching $46.36. The stock had a trading volume of 818,894 shares, compared to its average volume of 1,672,187. The business has a fifty day moving average of $46.25 and a 200 day moving average of $46.11. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.153 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a yield of 3.96%.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently bought and sold shares of VMBS. Asset Dedication LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 275 shares in the last quarter. Truvestments Capital LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $35,000. Castleview Partners LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 734 shares during the period. Finally, Armstrong Advisory Group Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter valued at about $45,000.

Vanguard Mortgage-Backed Securities ETF Company Profile

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).